OGN

Organon & Co. Health Care Pharmaceutical Preparations Russell 3000
$13.84Close $3.6BMarket cap $5.68 – $13.8452-week range Nov 9, 2026Next report

Highlights

Strengths

  • In a stage-2 uptrend all 8 trend conditions pass
  • Leading the market RS 90 · stronger than 90% of stocks over 12 months
  • Near its high at its 52-week high

Cautions

  • Earnings shrinking EPS −2% year on year
  • Results soon Nov 9, 2026, in 8 days
  • Financial distress Altman Z″ in the distress zone

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Oct 30, 2026
Off 12-month high 0%
1wk up 0.7% price change
1mo up 1.0% price change
12-month return up 112% market up 11% · its own up 109%
F-score 5 / 9 Mixed
Altman Z 1.20 Elevated risk
P/E 19.3× price / earnings
PEG — P/E / EPS growth
P/B 4.8× price / book
Earnings yield up 8.0% EBIT / enterprise value
Cheaper than 73% of the market · cheap
Revenue growth down 3% year on year
EPS growth down 2% latest quarter · +26 pts
Sales growth down 2% latest quarter · +1 pts
ROE up 31% return on equity
Free cash margin up 9% $538.0M FCF
D/E 11.47 long-term debt / equity
Net debt / EBITDA 8.7×
Interest cover 1.8×EBIT / interest
Piotroski tests
  • profitability slipped from last year
  • issued more shares
  • gross margin narrowed
  • assets working less efficiently
  • profitable on its assets
  • generating cash from operations
  • profits backed by cash
  • reduced long-term debt
  • short-term liquidity improved

Trade setup

ATR% 0.3% $0.04 a day · 2×ATR $13.76
RS 90 / 99 vs the universe
Trend 8 / 8 trend template
Relative volume 0.7× vs 50-day average
Up/down volume 1.50 50 sessions
Implied move — no option chain · report Nov 9, 2026
Trend template · 8 of 8

Screen verdict

Did not qualify for any screen.

Warning signs

5 flagged
  • Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
  • Interest is covered, but thinly Earnings before interest cover the interest bill 1.8 times, leaving little room if profits fall.
  • Heavily indebted Net debt is 8.7 times EBITDA — roughly 9 years of earnings before interest, tax and depreciation to repay borrowings in full.
  • Gross margin narrowing Gross margin fell from 58.0% to 53.3%. The company is keeping less of each dollar of sales than it did a year ago.
  • Revenue shrinking Revenue fell 2.9% over the year, from $6.4B to $6.2B.
Last reported Apr 30, 2026

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $6.2B -3% on FY2024
$0 $10B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $6.5B FY2021 · $6.3B FY2022 · $6.2B FY2023 · $6.3B FY2024 · $6.4B FY2025 · $6.2B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $187.0M -78% on FY2024
$0 $2.5B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $2.2B FY2021 · $1.4B FY2022 · $917.0M FY2023 · $1.0B FY2024 · $864.0M FY2025 · $187.0M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $538.0M -30% on FY2024
$0 $2.5B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $2.0B FY2021 · $2.0B FY2022 · $662.0M FY2023 · $548.0M FY2024 · $764.0M FY2025 · $538.0M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 53%
  • Net 3%
  • Free cash 9%
0% 100% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 68% · Net 33% · Free cash 31% FY2021 · Gross 62% · Net 21% · Free cash 31% FY2022 · Gross 63% · Net 15% · Free cash 11% FY2023 · Gross 60% · Net 16% · Free cash 9% FY2024 · Gross 58% · Net 13% · Free cash 12% FY2025 · Gross 53% · Net 3% · Free cash 9%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $8.1B net debt
  • Cash
  • Long-term debt
$0 $10B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $12.0M · Long-term debt $0 FY2021 · Cash $737.0M · Long-term debt $9.1B FY2022 · Cash $706.0M · Long-term debt $8.9B FY2023 · Cash $693.0M · Long-term debt $8.8B FY2024 · Cash $675.0M · Long-term debt $8.9B FY2025 · Cash $574.0M · Long-term debt $8.6B
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 260.32m
260.32m 253.55m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 FY2021 · 253.55m FY2022 · 254.37m FY2023 · 255.63m FY2024 · 257.80m FY2025 · 260.32m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $6.5B $6.3B $6.2B $6.3B $6.4B $6.2B
Gross margin 68% 62% 63% 60% 58% 53%
Net income $2.2B $1.4B $917.0M $1.0B $864.0M $187.0M
Net margin 33% 21% 15% 16% 13% 3%
Earnings per share $8.52 $5.31 $3.59 $3.99 $3.33 $0.72
Free cash flow $2.0B $2.0B $662.0M $548.0M $764.0M $538.0M
Free cash margin 31% 31% 11% 9% 12% 9%
Cash $12.0M $737.0M $706.0M $693.0M $675.0M $574.0M
Long-term debt $0 $9.1B $8.9B $8.8B $8.9B $8.6B
Shareholders' equity $5.5B -$1.5B -$892.0M -$70.0M $472.0M $752.0M
Shares outstanding — 253.55m 254.37m 255.63m 257.80m 260.32m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Oct 30, 2026 Quarterly ↗ Sep 30, 2026 30d
Jul 31, 2026 Quarterly ↗ Jun 30, 2026 31d
May 4, 2026 Quarterly ↗ Mar 31, 2026 34d
Feb 24, 2026 Annual ↗ Dec 31, 2025 55d
Nov 10, 2025 Quarterly ↗ Sep 30, 2025 41d
Aug 6, 2025 Quarterly ↗ Jun 30, 2025 37d
May 2, 2025 Quarterly ↗ Mar 31, 2025 32d
Feb 28, 2025 Annual ↗ Dec 31, 2024 59d
Nov 1, 2024 Quarterly ↗ Sep 30, 2024 32d
Aug 7, 2024 Quarterly ↗ Jun 30, 2024 38d
May 3, 2024 Quarterly ↗ Mar 31, 2024 33d
Feb 26, 2024 Annual ↗ Dec 31, 2023 57d

Current reports